Kentucky Statutes 427.020 – Appraisement of defendant’s property — Selection by defendant
Current as of: 2024 | Check for updates
|
Other versions
The officer making the levy shall, prior to selling the defendant‘s property, ascertain the value of the property by an appraisal made by two (2) discreet, disinterested persons, one (1) appointed by the officer and one appointed by the defendant. The defendant may select which items of his property he chooses to retain so long as the total value of the property retained does not exceed the value of the exemptions set out in this chapter.
History: Amended 1966 Ky. Acts ch. 157, sec. 2. — Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 1698.
History: Amended 1966 Ky. Acts ch. 157, sec. 2. — Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 1698.
Terms Used In Kentucky Statutes 427.020
- Appraisal: A determination of property value.
- Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.